General Motors came under withering attack for its decade-long failure to notify the public about defective parts linked to fatal crashes, as a U.S. Senate hearing opened on Wednesday with accusations that the company fostered "a culture of cover-up." Rebutting some of GM CEO Mary Barra's testimony to a House panel on Tuesday that GM had recently cleaned up its act, Democratic Senator Claire McCaskill, who chairs a Senate subcommittee on consumer protection and product safety, told Barra: "It might have been the Old GM that started sweeping this defect under the rug 10 years ago. House and Senate committees are investigating why it took GM more than a decade to recall 2.6 million cars that could have faulty ignition switches and may have contributed to 13 deaths. GM spokesman Jim Cain, asked about McCaskill's allegations, said: "We have pledged an unvarnished accounting of what went wrong and why, and we have promised to be transparent."
via Business News - Yahoo Finance http://ift.tt/1jYHBAn
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